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Nat2105 [25]
3 years ago
10

When an entire job is broken down into a number of steps, rather than being done by one individual, and each step is completed b

y a separate individual, it is called:?
Business
2 answers:
wolverine [178]3 years ago
8 0

Answer:

Division of labor

Explanation:

Division of labor is a system of  breaking down a work process into different tasks where each task is handled by different individuals .

Advantages of this system includes

  • High productivity and efficiency
  • Higher profit due to reduced cost of production
  • It also encourage economy of scale.
  • Improved quality of outputs as continuous stay on a role leads to improved skills.

Dis advantages are

  • Monotony
  • Lack of job pride could occur with time
  • Failure of a unit of production will cause a chain effect on others.
iragen [17]3 years ago
7 0

The correct answer is work specialization. This is also known as division of labor in which this is being referred in regards with the degree of an organization that are likely to have a division of individual task into separate jobs.

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When agent Tom meets with his sellers to explain his advertising plan, he should make sure the owners understand that:__________
laiz [17]

Answer:

Advertising a similar property can and does create interest in their property

Explanation:

In real estate agents need to effectively market properties in order to sell to consumers.

One way of doing this is by creating awareness in a given market about a particular property type.

When interest in a type of property is created it generates interest that will lead to more sales.

In the given scenario when Tom meets with his sellers to explain his advertising plan, he should make sure the owners understand that to capture a market they need to advertise even products that are similar.

As interest grows it will create a demand for that type of property

7 0
3 years ago
Top managers at cincinnati microwave believe that they have a successful working prototype of their new radar detector and plan
bearhunter [10]

The correct answer is the test marketing. Test marketing is being defined as the experiment that is being conducted in the laboratory by which they are likely comprise of the real life buying situations and as well as the actual stores by which is without the knowledge of the buyers that they are participating in the evaluation.

7 0
3 years ago
An investor is given the two investment alternatives (Assets A and B) with the following characteristics: Asset Expected Return
kow [346]

Answer:

12.00%

Explanation:

As per the given question the solution of standard deviation of a portfolio is provided below:-

Standard deviation of a portfolio = √(Standard deviation of Product 1)^2 × (Weight 1)^2 + Standard deviation of Product 2)^2 × (Weight 2)^2 + 2 × Standard deviation of product 1 × Standard deviation of product 2 × Weight 1 × Weight 2 × Correlation

= √(0.165^2 × 0.6^2) + (0.068^2 × 0.4^2) + (2 × 0.6 × 0.4 × 0.165 × 0.068 × 0.7)

= √0.009801  + 0.0007398  + 0.00376992

= √0.01431076

= 0.119628592

or

= 12.00%

So, we have calculated the standard deviation of a portfolio by using the above formula.

3 0
3 years ago
Oxford Company has limited funds available for investment and must ration the funds among four competing projects. Selected info
ddd [48]

Answer: Please refer to Explanation,

Explanation:

1. The Profitability Index is a ratio analysis instrument that measures the amount of payoff per Investment. It is calculated with the following simple formula,

= Net Present Value / Investment Required.

Project A

= 473,750/ 860,000

= 0.55

Project B

= 354,930/ 675,000

= 0.53

Project C

= 170,895 / 560,000

= 0.31

Project D

= 169,190 / 760,000

= 0.22

2. - According to Net Present Value

a. Project A

b. Project B

c. Project C

d. Project D

- According to Project Profitability Index

a. Project A

b. Project B

c. Project C

d. Project D

- According to Internal Rate of Return

a. Project A

b. Project D

c. Project B

d. Project C.

4 0
3 years ago
What do statistics show about most Americans’ financial management?
anzhelika [568]

Answer:

46%of Americans couldn't come out with $400 in an emergency

7 0
3 years ago
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